Last 3 weeks MTGOX had $1.4M (bitcoincharts.com) weekly turnover during rising prices.. it means you can not buy, sell, then buy again - because you will lose money doing it...
It means most of this turnover was one way - Cash => BTC.
There is small chance that this whole ~$4M was requested to be withdrawn immediately. So a LOT of this money stays on the account of MTGOX.
But every other thread about MTGOX is - liquidity problems - people wait for transfers... so things does not add up... ~$4M on balance and no withdrawals.
Some of them forced to buy BTC back on MTGOX and transfer it to another exchange, spurring BTC rate higher but not for a long time... finally they will need to sell it again.